Getech Group (AIM:GTC) has signed a multi-year contract with a European-headquartered oil and gas super-major for access to its Globe subsurface intelligence platform.
The deal is worth $660,000, to be recognised as annual recurring revenue over three years.
Getech, which locates subsurface resources for energy explorers, said the agreement means five of the world's six recognised oil and gas super-majors now use Globe, alongside other international operators and national oil companies.
Globe draws on 400 million years of geological history, covering earth structure, tectonic evolution and climate development, to help explorers identify prospects and evaluate assets alongside their own proprietary data.
Chris Jepps, chief executive of Getech, said the win reflects a strengthening new business pipeline and supports the company's 2026 priority of building recurring revenue.
"Welcoming another super-major to the Globe client-base, making it five out of a possible six, is a strong endorsement of the quality and strength of Getech's data and interpretation, and its continued importance to the oil and gas sector," he said.
Jepps linked the contract to wider pressure on energy security, pointing to recent Middle East instability and declining production from mature fields, which he said is pushing governments and energy companies to improve reserve replacement rates through higher-quality exploration.
